Several rental apps like Airbnb are in vogue around the world among travelers, and you can join this lucrative sector by launching your own rental app business. Harnessing the concept of Airbnb and crafting an advanced app can earn you high returns on your investments.
Here I have listed various business opportunities that can yield you higher profits in the rental sector.
Airbnb for hotel
The hotel industry has witnessed a surge in their bookings since the advent of apps like Airbnb. Hence, listing a wide range of hotels on your app and allowing users to book them based on their convenience is a great business idea to consider. You can earn constant revenue by charging a commission for each hotel booking made through your app.
Airbnb for vacation rental
Some people prefer private spaces when they travel, rather than staying in a hotel. Offer vacation rental spaces to such people, along with the amenities available and the price details. You can either rent these spaces or allow the property owners to list their place on your app. It will enable several travelers to find the place of their convenience without any hassles, making your app their favorite.
Airbnb for workspaces
You can offer workspaces for companies or business people by allowing property owners to list their spaces on your Airbnb for workspaces app. Users can choose these spaces based on the size, price, and availability date.
Airbnb for cars
While visiting foreign lands, traveling on one’s vehicle is more convenient than taking public transportation. So, help travelers to rent cars through your app. You can take advantage of local car rental businesses for the same. You can earn a reasonable sum of money from this business model.
Airbnb for bikes
Like cars, people who travel solo love taking bike rides. So, allow them to rent bikes listed on your app. This business model is in trend in various tourist locations, and you can consider it as it is a tried and proven business opportunity.
Airbnb for camping gears
Travelers might not always carry camping gear to places they visit, and they can’t buy it as well as these are expensive. In such a situation, they prefer renting them as it is a cheap option. Encash on this business opportunity by allowing users to rent your camping equipment for a specified period.
Airbnb for cameras
Allow people who own cameras to list them on your app, along with their specifications, price, and availability status. So, people who need cameras for a short period of time can rent them. You can earn commissions for each camera borrowed through your application.
Airbnb for music studio
Build a robust Airbnb for music studio app through which you can offer music recording, mixing, and mastering services to singers, musicians, and more. They can find music studios near their location and rent them on an hourly basis for a specified charge. It is yet another business idea that can earn you higher ROI.
How to give life to your business idea
Once you decide on which business to enter among the list of aforementioned business ideas, now it’s time to execute it. An on-demand Airbnb for X app is the base to set up your business. You can choose to develop the app from scratch or customize a readily available app solution. While the former demands a considerable amount of time and money, the latter saves you both. Hence, it is advised to opt for customization of clone app solutions.
Advantages of clone app solutions:
- The clone solutions are pre-packed with all needed features for the seamless functioning of your Airbnb for X application.
- These clones are white-label solutions, allowing to rebrand its logo, name, color scheme, and other associated elements.
- They are highly scalable, giving you the ability to update the app as per changing user expectations.
I hope the article is helpful. It is up to you to go for app development from scratch or quick customization of clone solution. Either way, it is suggested to collaborate with the leading app development company in town for your app development. That way, you can build a feature-packed, robust, multi service application.
Some companies even assist you in deploying your app on the app stores. Some provide post-launch maintenance support free of cost for a specified period. So, understand the terms and conditions of the development company so you can plan your budget and resources accordingly. It helps in avoiding confusion while you are midway through the development process.
Good luck with the setup of your app business!